Document Type
Report
Publication Date
10-2014
Keywords
Economic output impact, labor income, knowledge- based economy, Arkansas
Abstract
Construction of the Arkansas Research and Technology Park (ARTP) began in 2003 and operations commenced in 2004. For ten years, the ARTP has been impacting the economy of the state of Arkansas in two primary ways. First, the operation of the ARTP enabled the business expenditures of its tenants. Second, there were direct expenditures on one-time construction activities in building the infrastructure of the ARTP. This report considers the overall impact of the ARTP from the beginning of construction to 2014. Over that period, the ARTP impact has been more than a half billion dollars in the Arkansas economy.
Citation
Deck, K. A., & Jebaraj, M. (2014). Economic Impact of the Arkansas Research and Technology Park. Publications and Presentations. Retrieved from https://scholarworks.uark.edu/cberpub/11
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Behavioral Economics Commons, Finance Commons, Growth and Development Commons, Income Distribution Commons, Labor Economics Commons, Regional Economics Commons